A Pecking Order Theory of Capital Inflows and International Tax Principles

A Pecking Order Theory of Capital Inflows and International Tax Principles
Even though financial markets today show a high degree of integration, the world capital market is still far from the textbook story of high capital mobility. The purpose of this paper is to highlight key sources of market failure in the context of international capital flows and to provide guidelines for efficient tax structure in the presence... READ MORE...

Publication date: April 1996
ISBN 9781451844337
$15.00

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